Event record
Record sog_ev_cadc_loon_transition_batch_x
Loon acquires CADC and assumes issuer responsibility
Loon announced that it had acquired the CADC stablecoin, originally launched by PayTrie in 2021, and would assume responsibility as its new issuer.
- Date
- 2025-10-27
- Category
- Migration and rebrand
- Subtype
- Issuer Transition
- Status effect
- Remained active
- Recovery
- Not applicableNot yet recorded
- Evidence
- 2 source records2 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | 2025-10-27 |
|---|---|
| Public event category | Migration and rebrand |
| Canonical event subtype | Issuer Transition |
| Structured detail kind | Migration |
| Stablecoin subjects | CADC |
| Organization subjects | Loon Technology Inc. |
| Impact | High |
| Effect on stablecoin lifecycle | Remained active |
| Canonical status-effect value | Active |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | Not yet recorded |
| Structured detail coverage | Description and source record only |
| Record confidence | High |
- Date
- 2025-10-27
- Public category
- Migration and rebrand
- Canonical subtype
- Issuer Transition
- Structured detail kind
- Migration
- Impact
- High
- Status effect
- Remained active
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- Not recorded
- Record confidence
- High
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.CADC
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Loon Technology Inc.
Open the organization record for roles, relationships, events, evidence, and unknowns.
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Meet CADC Published 2026-01-28 | Loon | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Issuer, Backing, History, Contract Address, Current Issuer Identity Backing History and Exact Evm Identifiers | Archive index or wildcard | High |
| Loon Raises $3 Million to Build Canada's Regulated Digital Dollar; Acquires CADC Stablecoin Published 2025-10-27 | Loon via PR Newswire | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Ownership, Issuer Transition, Launch Year, History, Cadc Acquisition Paytrie Origin 2021 Year and Loon Issuer Transition | Archive index or wildcard | High |
Meet CADC
- Publisher
- Loon
- Published
- 2026-01-28
- Reliability
- High
- Relations
- 1
Loon Raises $3 Million to Build Canada's Regulated Digital Dollar; Acquires CADC Stablecoin
- Publisher
- Loon via PR Newswire
- Published
- 2025-10-27
- Reliability
- High
- Relations
- 1
Maintenance